Why is LKP Securities falling/rising?

As of 02-Sep, LKP Securities Ltd is currently priced at 18.95, reflecting an increase of 0.34 or 1.83%. Despite this positive movement today, the stock has shown a decline of 0.21% over the past week and 0.84% over the past month. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 73.87% compared to the 5-day average. While the stock is trading at a discount compared to its peers and has a favorable return on equity (ROE) of 14.3, it has also experienced a substantial year-to-date decline of 34.63% and a negative return of 15.85% over the past year, despite a 12.2% increase in profits.
In the broader market context, LKP Securities has outperformed its sector by 1.96% today, but its longer-term performance has been disappointing, underperforming the BSE500 index over the past three years, one year, and three months. The stock's weak long-term fundamentals, characterized by an average ROE of 12.80% and poor net sales growth, contribute to its overall negative outlook. The flat results reported for the latest six months, with net sales declining by 20.92% and profit after tax down by 26.76%, further highlight the challenges facing the company. Thus, while there is a slight uptick in price today, the overall trend and fundamental weaknesses suggest a cautious stance for investors.